European Parliament Library

Hungary :, 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Hungary’s 2007 Article IV Consultation reports that with fiscal consolidation on track for 2007 and 2008, short-term risks have receded, especially owing to the favorable international financial environment. Ensuring that the current economic slowdown does not translate into a prolonged period of low growth is important both for raising standards of living and for containing vulnerabilities. Putting the debt on a sustainable downward trend will also require a substantial decrease in the size of government expenditure in relation to GDP
Table Of Contents
Cover; Executive Summary; Contents; I. Introduction; II. Recent Economic Developments; Boxes; 1. Surveillance and Policies; 2. Regional Influences on Asset Prices; 3. Is the Exchange Rate Overvalued? Maybe; III. Policy Discussion; A. Outlook and Risks; B. Public Finances; C. Monetary and Exchange Rate Policies; 4. How Persistent Are Inflation Shocks?; D. Financial Sector; E. Structural Reforms; IV. Staff Appraisal; Figures; 1. External Sector Indicators, 2000-06; 2. Selected Financial Indicators, 2005-07; 3. Selected Competitiveness Indicators, 1994-2006
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (59 p.)
Specific Material Designation
Form Of Item

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